Cadillac Canada sales decreased 14 percent to 3,591 units during the third quarter of 2023.
Individual model sales performance was as follows:
- Cadillac CT4 sales decreased 52.61 percent to 91 units
- Cadillac CT5 sales decreased 31.39 percent to 223 units
- Cadillac Escalade sales decreased 13.85 percent to 622 units
- Cadillac Escalade ESV sales increased 1.24 percent to 244 units
- Cadillac Lyriq sales totaled 317 units
- Cadillac XT4 sales decreased 10.55 percent to 1,035 units
- Cadillac XT5 sales decreased 36.4 percent to 713 units
- Cadillac XT6 sales decreased 16.63 percent to 346 units
During the first nine month of the 2023 calendar year, Cadillac Canada sales increased seven percent to 12,193 units.
Sales Results - Q3 2023 - Canada - Cadillac
| MODEL | Q3 2023 / Q3 2022 | Q3 2023 | Q3 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
|---|---|---|---|---|---|---|
| CT4 | -52.61% | 91 | 192 | -1.65% | 476 | 484 |
| CT5 | -31.39% | 223 | 325 | +6.34% | 772 | 726 |
| ESCALADE | -13.85% | 622 | 722 | -0.10% | 2,071 | 2,073 |
| ESCALADE ESV | +1.24% | 244 | 241 | +8.18% | 727 | 672 |
| LYRIQ | * | 317 | * | * | 536 | 0 |
| XT4 | -10.55% | 1,035 | 1,157 | +11.34% | 3,437 | 3,087 |
| XT5 | -36.40% | 713 | 1,121 | -7.34% | 2,981 | 3,217 |
| XT6 | -16.63% | 346 | 415 | +3.74% | 1,193 | 1,150 |
| CADILLAC TOTAL | -13.95% | 3,591 | 4,173 | +6.85% | 12,193 | 11,411 |
The Cadillac Society Take
The setback experienced by Cadillac in Canada during the third quarter of the year puts an end to the luxury marque’s remarkable growth trajectory spanning four consecutive quarters in the market. This growth was the result of healthy demand for new vehicles as well as a favorable mix of inventory and dealer performance. As such, the Q3 drop interrupts Cadillac’s growth in Canada while showing a weakening in the competitiveness of its model portfolio.
Key models suffered significant declines in sales volumes, including the best-selling Cadillac XT4, XT5 and the (regular-length_ Escalade. Among these, the one that saw the most significant drop was the Cadillac XT5, recording a significant volume decrease of 408 units on an annual basis.
The only model that managed to be in the green during Q3 was the Cadillac Escalade ESV, which saw a slight, single-digit increase that could barely add three units compared to the same timeframe last year.
For its part, the new Cadillac Lyriq recorded its highest quarterly record to date in the Canadian market, seeing a notable volume of 317 deliveries, almost double the 167 units delivered during the second quarter.
About The Numbers
- All percent change figures compared to Cadillac Canada sales for Q3 2022, unless noted otherwise
Further Reading & Sales Reporting
- Cadillac news
- Running Cadillac sales results
- Cadillac sales results for Q3 2023
- Cadillac sales Q3 2023 USA
- Cadillac Canada sales Q3 2023 (this page)
- Cadillac China sales Q3 2023
- Cadillac Mexico sales Q3 2023
